PUBLISHER: The Insight Partners | PRODUCT CODE: 1906675
PUBLISHER: The Insight Partners | PRODUCT CODE: 1906675
Centrifugal axial flow pump market size was valued at US$ 3.02 billion in 2024 and is expected to reach US$ 4.20 billion by 2031; it is estimated to record a CAGR of 5.05% from 2025 to 2031.
The centrifugal axial flow pump market is segmented into 5 major regions: North America, Europe, Asia Pacific, Middle East and Africa, South America. Asia Pacific dominated the centrifugal axial flow pump market in 2024. Europe is the second-largest contributor to the global centrifugal axial flow pump market, followed by North America.
The Centrifugal axial flow pump market growth in Asia Pacific is driven by rapid industrialization, widespread adoption of Industry 4.0 technologies, and investments in smart infrastructure in countries such as China, Japan, India, South Korea, and Australia. The region's agricultural sector is a significant driver, as axial flow pumps are essential for large-scale irrigation, supporting high water flow requirements while maintaining efficiency. This robust agricultural base, combined with the expansion of urban centers and industrial activities, drives steady demand for axial flow pumps in Asia Pacific.
Technological advancements-including the development of smart and automated pump systems equipped with IoT capabilities-are enhancing operational efficiency, enabling real-time monitoring and predictive maintenance. The push for sustainable and renewable energy projects, particularly in hydropower, integrates axial flow pumps to optimize water flow and energy efficiency. The rapid urban expansion and infrastructure upgrades necessitate advanced water and wastewater management solutions, further bolstering demand for axial flow pumps. Policies promoting environmental management and water conservation efforts create additional opportunities for axial flow pumps in flood control and water distribution.
Centrifugal Axial Flow Pump Market Trend: The rising shift toward high-powered axial flow pumps is anticipated to be a significant trend in the centrifugal axial flow pump market. High-power axial flow pumps play a critical role in industrial and flood control applications. Industries and government agencies are increasingly prioritizing efficiency, reliability, and the ability to manage large-scale water movement under challenging conditions. Moreover, high-power axial flow pumps are becoming integral to large infrastructure projects, irrigation schemes, wastewater treatment facilities, and flood mitigation systems, where the movement of substantial water volumes is critical.
The surge in global industrialization and the rising frequency of extreme weather events have heightened the demand for robust pumping systems capable of handling high-capacity flow with minimal energy loss. High-power axial flow pumps offer distinct advantages, including higher discharge rates, smooth fluid transfer, and lower operational costs over time. Thus, they are particularly attractive in regions exposed to flooding or where water infrastructure is under strain from rapid urban expansion. Moreover, industries such as power generation, petrochemicals, and agriculture are adopting these pumps to enhance operational resilience and support large-scale fluid management processes.
Growing innovations in impeller design, variable frequency drives, and corrosion-resistant materials are improving pump performance, enabling manufacturers to cater to more demanding industrial and hydrological applications. Governments and private stakeholders are also investing heavily in upgrading water and flood control infrastructure, creating a fertile ground for the adoption of high-power axial flow systems. As a result, this shift is expected to expand the market's potential and also redefine competitive strategies among manufacturers focused on large-scale, energy-efficient solutions.
Ebara Corp, Kirloskar Brothers Limited, Denwell Fluid Controls, Parker-Hannifin Corp, C.R.I. Pumps Private Limited, Grundfos Holding A/S, Gorman-Rupp Company, The Weir Group PLC, Xylem, Inc., and Sulzer Ltd are among the key players profiled during this market study. Several other essential market players were also studied and analyzed to get a holistic view of the centrifugal axial flow pump market and its ecosystem.
The overall centrifugal axial flow pump market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the centrifugal axial flow pump market size. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the centrifugal axial flow pump market.